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Daily Pivots: (S1) 1.0877; (P) 1.0888; (R1) 1.0908; More… Intraday bias in EUR/USD remains neutral for consolidation above 1.0843 temporary low. But further decline is expected as long as 1.0995 resistance holds. Below 1.0843 will target 1.0722 support next. Decisive break there will argue that whole rise from 1.0447 has completed, and target this low. […]

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07/07/2024

EUR/AUD Weekly Outlook

EUR/AUD stayed in consolidation above 1.5996 last week and outlook is unchanged. Initial bias stays neutral this week first, but outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target […]
09/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.63; (P) 144.27; (R1) 144.89; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. On the upside, above 145.97 will resume the rebound from 140.25. But upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On the downside, below 143.17 minor support will turn bias back […]
11/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 206.68; (P) 207.25; (R1) 208.34; More… GBP/JPY’s rally resumed and hits as high as 208.08 so far. Intraday bias is now on the upside for 138.2% projection of 191.34 to 200.72 from 197.18 at 210.17. On the downside, below 206.12 minor support will turn intraday bias neutral and bring consolidations first. In […]